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تونزي تيليغراف
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تونزي تيليغراف

2026-08-05T11:02:17.000Z

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Tunisia Faces Impact of OPEC+ Move

Tunisia Faces Impact of OPEC+ Move

Tunisia is facing increasing economic and financial pressures due to rising global oil prices, despite the "OPEC+ " alliance's announcement to boost production by approximately 188,000 barrels per day in September 2026. This modest increase is insufficient to alleviate the growing global demand and the geopolitical tensions in the Middle East and Ukraine. The continued rise in prices leads to higher costs for importing oil and gas, deteriorating energy security, and a decline in energy independence, which has fallen to 34%. The trade deficit in the energy sector has increased by 32%, reaching 5,767 million dinars by the end of May 2026. Although electricity production from renewable sources has increased by 52%, natural gas remains the primary energy source, and Tunisia still imports about 9% of its electricity needs, highlighting the fragility of its energy system. It is expected that continued rises in oil prices will put additional pressure on Tunisia's finances, emphasizing the urgent need to strengthen investments in renewable energy and improve energy efficiency to reduce dependence on imports.

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